This industry profile provides a five-year forecast for Canada’s Furniture Products Manufacturing Industry.
Canada’s Furniture Products Manufacturing Industry: Canadian Industrial Profile Summer 2010
Canada’s Furniture Products Manufacturing Industry: Canadian Industrial Profile Summer 2010
Industry Economic Analysis
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- Low-Cost Competition—Canadian producers’ share of the North American market continues to shrink as competition from low-cost producers like China rises.
- Exchange Rate—The Canadian dollar is expected to remain strong in the coming years, reducing the competitiveness of Canadian producers.
- Housing market—A modest recovery in the U.S. housing market has begun and the Canadian housing market has quickly rebounded. Furniture demand will pick up progressively, as new houses need to be furnished.
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